Archive for October, 2009

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Labour still 17 points behind with ICM

Saturday, October 31st, 2009


CON 42%(-2)
LAB 25%(-2)
LD 21%(+3)

And Nick Clegg gets to just four points behind

Another month goes by and Labour’s polling position remains dire with no respite in sight. For a new ICM poll for the Sunday Telegraph just being reported suggests that there’s been little change between the main parties since the last survey from the firm in the Guardian a week and a half ago.

Both Labour and the Tories are down two with the Lib Dems up three.

You now have to go back to December 2008 before you find an ICM poll where the Tories did not have a double digit lead. The current 17 point gap equals the second highest on record.

What will be very disappointing to Labour is that their ongoing attacks on the Tories for their alleged links with “far right parties” in the EU don’t seem to be having any impact. This has been just about their only line in the past fortnight and so far, at least, it has not benefited them in the polls.

To many in the Labour party ICM is seen as the gold standard because it has been round for so long using the same methodology and has a good track record. That will add to the worries.

The Lib Dems will be pleased that they are back over 20% and not too far behind Brown’s Labour.

We’ve said it before, I know, but you just wonder how bad it has to get for Labour before there is any thought of a leadership change?

Betting on the polls. PaddyPower have a market on what will be Labour’s best polling position in November. I’ve plumped for the 11-156% deficit segment.

Mike Smithson



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The General Election: PB’s new betting round-up

Saturday, October 31st, 2009


Tory and Labour General election leaders 1979 – 2005

General Election Majority

PaddyPower: 1/4 CON majority: 3/1 Hung parliament: 12/1 LAB Majority

Ladbrokes: 1/3 CON majority: 3/1 Hung parliament: 12/1 LAB Majority

William Hill: 2/7 CON majority: 11/4 Hung parliament: 14/1 LAB Majority

General Election most seats

PaddyPower: 1/16 CON: 7/1 LAB: 80/1 Lib Dems

Ladbrokes: 1/14 CON: 7/1 LAB: 100/1 Lib Dems

William Hill:1/14 CON: 13/2 LAB: 80/1 Lib Dems

Victor Chandler: 1/14 CON: 13/2 LAB: 80/1 Lib Dems

General Election – CON majority 100 or more

Ladbrokes: 1/2 NO: 6/4 YES

General Election – CON majority 50 or more

PaddyPower: 4/7 YES : 5/4 NO

General Election date (main prices shown)

PaddyPower: 1/5 May 2010: 6/1 June 2010: 7/1 April 2010: 10/1 March 2010

Ladbrokes: 1/5 May 2010: 12/1 June 2010: 12/1 April 2010: 10/1 March 2010

General Election – BNP to win a seat

PaddyPower: 1/6 NO: 7/2 YES

Ladbrokes: 1/7 NO: 4/1 YES

William Hill:1/6 NO: 7/2 YES

Victor Chandler: 1/7 NO: 4/1 YES

General Election – Green Party to win a seat

Ladbrokes: 1/2 NO: 6/4 YES

Victor Chandler: 2/5 NO: 7/4 YES

As we get closer to election day there will be a lot more focus on the betting so I’ve decided to run regular round-ups of the key markets. I’ve tried to ensure that all prices are correct at time of writing but please check before you bet.

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  • Mike Smithson



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    Lisbon: Does Dave have a Plan B

    Saturday, October 31st, 2009

     

    David Herdson assesses some of the options?

    Nearly eight years after the Laeken Summit kickstarted the process, there’s a good chance that the final hurdles to ratification of the Lisbon Treaty could be overcome next week, leading to the treaty coming into force on December 1. In Britain, that will throw the spotlight onto the Tories, whose policy on Lisbon will expire with the completion of the ratification process.

    The current policy of a referendum is one which is widely supported by Conservatives, who are overwhelmingly opposed to the introduction and therefore found both the means and the ends of such a process attractive.

      Given the emotion that the European question can raise the Tories the replacement policy remains one of the more obvious known unknowns that could upset the current expectation of a Conservative outright win in May

    We know that one policy will be to introduce legislation to put future treaties to a popular vote but that’s not much of a headline grabber. What then are the options open to Cameron and Hague to set the agenda and what effect might they have if introduced?

    Referendum 1 – In or Out When Lisbon was still under discussion, the Lib Dems put this forward as an alternative to a specific Lisbon vote. Proponents then suggested that it would renew the popular mandate for the EU as it is now; in reality, it’s more likely that many voters would feel cheated at not having some middle option. In addition, it would unite the Lib Dems and Labour, divide the Tories and give UKIP a tremendous boost (which Clegg of course knew when he proposed it). The Conservatives would be mad to go for it.

    Referendum 2 – A Lisbon Proxy The Lisbon referendum was meant to derail ratification and to establish a precedent. In a wider sense however, it would also have set a benchmark of public scepticism towards the EU which the government could have used in future negotiations. That could also be achieved by a referendum on (for example) entry into the Euro. Additionally, that topic could cause internal difficulties for Labour and the Lib Dems whereas the Conservatives would be close to wholly united.

    However, such a policy runs the risk of being too clever by half. Unlike Lisbon, it would be difficult to explain to voters why a vote was being proposed on something the government didn’t want. UKIP would ask why the referendum wasn’t the ‘In or Out’ option. Critics would also complain about the cost, that it was a distraction and that it proved their points about the Tories’ obsession about Europe. There’s also the outside chance that the Yes side might win. All in all, it shouldn’t happen.

    The Positive Vision This option accepts that the Lisbon debate is over and lost and aims to grab hold of where the EU goes next. In it, Cameron would have to set out a vision of what the Conservatives would like to see the EU doing (and not doing), and challenge the people of Europe to make it happen. It would be a direct appeal over the European establishment, rejecting their integrationist agenda and arguing for improved rather than increased activity.

    For effect, it would need to be backed up by specific proposals e.g. to repeal named policies, directives and regulations; to cut the EU budget. It’s certainly something the Conservatives could rally around and for which there’d be support beyond the party and outside the country. Sceptics would argue that it would never be successful and if that proved to be the case, Cameron would be accused of being naïve.

    Demand the rebate back Thatcher won it; Blair gave it back. It’s an appealing argument for the Conservatives to put to the British people. However, beyond that lies trouble. If the EU members agree, substantial concessions would be needed in return, especially in terms of cooperation; if it failed, not only would that be damaging to those involved but it would require yet another policy shift. In addition, the British contribution is a significant lever available to the government in negotiations: money is power.

    Aim to Negotiate more opt-outs Other countries are winning additional opt-outs, though that’s easier when most EU leaders are desperate to get Lisbon in as soon as possible and will concede much to achieve it. Negotiating without such a prize on offer will be harder, especially if those opt-outs (e.g. on the Social Chapter), potentially give the UK a competitive advantage. Such a policy would reinforce Britain’s semi-detached status from the EU and would make it harder to control its direction. Even so, that might be considered a price worth if the concessions are big enough.

    Propose Democracy for the EU Again, accept that Lisbon is a done deal but argue that much of the scepticism towards the EU derives from the remoteness of the institutions and the lack of control people have over them. A proposal to elect the Commission from and by the Parliament, and elect the Council President directly across the entire EU would massively increase accountability. Such a proposal would of course be hated by both Eurocrats and heads of government on one side (because of their loss of control), and Eurosceptics on the other (because of the increased legitimacy, and hence power, it would bring). For that reason, it would be a high-risk policy but if the dangers could be avoided, could prove a useful bargaining chip.

    There are of course other possible options and some, though not all, of those above are mutually exclusive. How Cameron plays it will be one of his bigger tests over the coming months. If he gets it right, it will look ever more like he has the keys to Number Ten in his pocket; if not, it’s very much game back on again.

  • First President of the EU Council Betting
    PaddyPower: Blair 7/4: Balkenende 11/4: Junker 9/2.
    Ladbrokes: Blair 9/4: Balkenende 11/4: Junker 5/1.
    Victor Chandler: Blair 2/1: Balkenende 3/1: Junker 5/1.
  • David Herdson



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    Could “The Thick of It” add to Labour’s woes?

    Friday, October 30th, 2009

    Is the new series reinforcing the MacBride damage?

    Like many PBers, no doubt, I’ll be glued to the TV tomorrow night for the second episode of the much-hyped and much-anticipated new series of “The Thick of It” – this time getting a good Saturday night slot on BBC 2.

    Since the last series, of course, we’ve had the Damien MacBride scandal which put the focus on the way Brown Central deals with those who it sees as threats. Just look at the negative stories that seem to be coming out about David Miliband which seem to be in direct proportion to the level of speculation that he could soon be Labour leader.

    So I found myself viewing the first episode in a different light. The whole thing ran true so much more and although engrossed I did not find it as funny as the earlier programmes.

    With all good drama you can get to a point where you suspend your disbelief and this is what I found happening. I am sure that I wasn’t the only viewer who sees the appalling control-freak Malcolm as a combination of Alistair Campbell and Damian MacBride which reinforces the perception that this is how NuLab does its business.

    This is added to by the knowledge that a key consultant on the whole project is Martin Sixsmith – the ex-Whitehall spin doctor who found, in true “The think of it” style”, that his secretary of state was telling the world that he had resigned – even though he hadn’t

    The MacBride affair was one of the worst things to undermine Labour’s ratings this year. Could these programmes magnify the effect? If so then that ain’t going to help Labour’s chances of a recovery.

    In years gone by the BBC would have pulled such a controversial series in the run-up to an election. Times have changed and it might well just be adding to Brown’s woes.

    Mike Smithson